Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Ibian]

The floor is in. A certain family member just sold, the poor bastard.

Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?

From us, at least in part. Most of my fiat profit is straight from the clonecoin dump. Been waiting to see if I get richer in fiat or btc for a while now.

[jojo69]

[Arriemoller]

Just woke up , reversal soon to be expected ? Or more dipping to buy? Whats iT gonna be

You woke up in the middle of the night?

No Just slept for +-7hours but on holiday @thailand So its a sunny morning right now with only cloudy BTC prices hanging around

I see, Have a nice holiday.

[Nosk]

Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?

[JayJuanGee]

That godamn Lambo just slipped thru my fingers

Instead of getting 3 lambos, some of us are going to have to constrain ourselves to one...     

[Torque]

The floor is in. A certain family member just sold, the poor bastard.

Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?

From us, at least in part. Most of my fiat profit is straight from the clonecoin dump. Been waiting to see if I get richer in fiat or btc for a while now.

I have learned that the best time to buy Bitcoin (or any asset really) is when no one else seems to want it and has completely forgotten about it.

The relatively high volatility still tells me that we're not there yet.

[Rosewater Foundation]

At least Jimbo got new teeth. Some good came from all this.

[Wolf Rainer]

Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?

Btc was never worth 5 digits to begin with
i don't even think it's worth 4 digits right now

Que manera de decir estupideces, troll barato.

[JayJuanGee]

I am going to say it again.

Both $100k and $100 Bitcoin are possible.  You need to have a plan for both.  If you don’t have a plan, start making one now.   If you can afford to hodl both, great.  If you can’t, then work out now how you are going to handle it.  

hahahahahahaha


yeah right... let's be planning on the way down.....    

But you are correct, if you plan is not holding up very well, then you gots to tweak it.      


For a lot of us (we in a similar boat, no?)  this whole situation is not going as well as we had hoped.   

[Nosk]

Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?

Btc was never worth 5 digits to begin with
i don't even think it's worth 4 digits right now

And how is that ? Bitcoin has a speculative value, claiming "It's not worth that price" is a nonsense.

[soullyG]

[rafanadal]

Que manera de decir estupideces, troll barato.

You have to go back, Pedro.

[TERA2]

The bounce is going to be brutal. I can hear the confusion and the screams of lost coins.

[Ibian]

The floor is in. A certain family member just sold, the poor bastard.

Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?

From us, at least in part. Most of my fiat profit is straight from the clonecoin dump. Been waiting to see if I get richer in fiat or btc for a while now.

I have learned that the best time to buy Bitcoin (or any asset really) is when no one else seems to want it and has completely forgotten about it.

The relatively high volatility still tells me that we're not there yet.

Agreed, still too early.

[bitserve]

I am starting to feel depressed and thinking this is going to keep crashing forever... So maybe it is time to buy.

[soullyG]

The bounce is going to be brutal. I can hear the confusion and the screams of lost coins.

I WANT TO SLEEP BUT THE CHARTS WON'T LET ME

[romneymoney]

[the artful bodger]

Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?

Zoom out the bitcoinity chart. Bitcoinity's 30 day chart shows bitcoin's down by -60.23%, but its six month chart shows bitcoin's up by +63.61%.

[bones261]

Seriously, how can we keep hitting new lows again and agai ?
What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?

Some are. I'm sure some are shorting with margin as well. Which is basically the same concept as sell now buy later.

[jbreher]

Hmmmmmmm, NIST crypto document

https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

I smell picnic bear.

I do indeed work in standards as my day gig. However, ones of a very different nature. Without the standards I work on, none of this shit would even start working.